(Removes extraneous word in paragraph 2) By Saeed Azhar, Lananh Nguyen and Manya Saini NEW YORK, Dec 9 (Reuters) – Goldman Sachs says this year is on track to become the second-biggest in history for announced mergers and acquisitions industrywide, an encouraging sign for 2026, according to its finance chief Denis Coleman. His comments echo …
Goldman Sachs CFO expects M&A momentum to continue into 2026 Read More »
By Savyata Mishra Dec 9 (Reuters) – Home improvement chain Home Depot on Tuesday forecast fiscal 2026 comparable sales growth and profit below analysts’ estimates as demand for do-it-yourself projects and big-ticket items cools. Shares of the company were down about 1% in afternoon trading as the retailer outlined financial targets at its first investor …
Home Depot sees fiscal 2026 sales, profit below estimates amid sluggish spending Read More »
By Pete Schroeder WASHINGTON, Dec 9 (Reuters) – Banks will be allowed to act as intermediaries on crypto transactions, a national U.S. bank regulator said on Tuesday, in the latest step by the Trump administration to narrow the gap between the traditional financial sector and crypto activities. The Office of the Comptroller of the Currency …
US bank regulator says banks can act as crypto intermediaries Read More »
Dec 9 (Reuters) – Spotify said on Tuesday it is making music videos available to premium subscribers in the U.S. and Canada, as the Swedish streaming giant challenges YouTube for market share. Video content offers a more immersive and engaging experience than audio alone, which could help attract more users and advertisers. Spotify’s shares were …
Spotify expands music videos access to premium users in US, Canada to take on YouTube Read More »
By Prakhar Srivastava Dec 9 (Reuters) – EquipmentShare.com on Tuesday disclosed a rise in nine-month revenue in its paperwork for a U.S. initial public offering, underscoring a year-end push among issuers to move ahead with listings while markets remain receptive. EquipmentShare provides fleet management, tracking and maintenance tools to help contractors work more efficiently. Its …
Construction tech firm EquipmentShare.com reveals revenue growth in US IPO paperwork Read More »
By Timothy Gardner WASHINGTON, Dec 9 (Reuters) – Fusion energy industry leaders met with U.S. Department of Energy officials on Monday to urge them to facilitate billions of dollars for projects seeking to generate electricity by the process that powers the sun. The department in November created an Office of Fusion in a reorganization that …
Fusion energy industry presses US government for billions in support Read More »
By Aditya Soni and Harshita Mary Varghese Dec 8 (Reuters) – Paramount Skydance’s 11th-hour, hostile $108.4 billion bid for Warner Bros Discovery was rooted in what it considered a lack of responsiveness from Warner Bros to its ardent overtures late last week, a securities filing on Monday showed. Paramount offered a blow-by-blow account of Paramount …
Warner Bros’ lack of response fueled Paramount’s hostile bid, filing says Read More »
By Pritam Biswas and Lananh Nguyen Dec 9 (Reuters) – Wells Fargo expects more cuts to its workforce and sees higher severance expenses in the current fourth quarter, CEO Charlie Scharf said on Tuesday, adding that artificial intelligence was set to change the way its business works. “We have gone through the budgeting process, and …
Wells Fargo expects more job cuts, will roll out AI gradually in 2026 Read More »
SEATTLE, Dec 9 (Reuters) – Boeing delivered 44 new jets in November, down from 53 the prior month, the company said on Tuesday, lagging behind European rival Airbus which delivered 72 planes. Boeing said it delivered 32 of its popular single-aisle 737 MAX jets in November, including five to Southwest Airlines. Other deliveries included six …
Boeing deliveries fall 17% in November, trail Airbus Read More »
By Deborah Mary Sophia Dec 9 (Reuters) – Wikimedia Foundation, the operator of Wikipedia, on Tuesday named Bernadette Meehan its chief executive officer, tapping an administrator with deep policy expertise and federal government experience to lead the online encyclopedia. Meehan, who most recently served as the U.S. Ambassador to Chile from 2022 to 2025, takes …
Exclusive-Wikipedia operator taps former US Ambassador to Chile for CEO role Read More »
